EZT Engulfing

This is a Multi Timeframe engulfing candle alert indicator. You can use on the current timeframe only or all of the timeframes from the 1 minute to the monthly.

This is a non-repainting MTF indicator.

When you use the selected timeframes option, (MultiTimeframe mode), you can see signals on the actual current timeframe and above.

There is a Pop up, email, and push notification alerts for each chosen timeframe separately.

The indicator place a dot on the price chart. For bullish engulfing candle is below on the price line, for bearish engulfing candle is above on the price line.

In case you only want to get the alerts and do not want your chart to be crowded with dots, simply choose the arrow colors: none.

Settings:

Candle limit to show arrows: How many candles back to display the arrows/dots.

Timeframe selection mode: Current or the selected timeframes.

Engulfing filter mode: Three option to choose from, “Strong official”, “Official” and “Unofficial”. All three option consider the last 20 candle average body size, the high and low, and the opening and closing of the engulfing candle compare to the previous candle. Also consider the size of the candle body and wick. There is a little difference between the three options, for regular engulfing use the official version.